How to invest your money wisely

You want more with your money, because it is now sitting in your savings account gathering dust. You feel you can buy less and less from the same euro. This is the result of inflation. If you want to protect your money from this by making it worth more, you can invest it.

But how do you invest your money wisely? After all, you don't want to run too much risk either.

How you can invest your money smartly you will read in this article. You will discover the different ways to invest your money and how you can easily make money work for you.

Ways to invest money

There are several ways to invest money. Which way suits you best depends on a number of things:

• How much money you have to invest
• How much risk you want to take
• How much time and energy you want to put into it

There are five ways to invest your money. We are going to cover these now.

Way 1: Investing yourself

The first way is by investing your money. Then you buy financial products, for example shares of a company. With investing you buy shares, for example. Then you own, as it were, a small part of a company. You hold on to these shares for a longer period of time in the hope that they will become more valuable. If you then sell them for a higher price than you bought them, you earn a return. That's profit on your money.

Investing yourself can yield great returns, but it also takes a lot of time and energy. If you are interested in financial markets and don't mind investing a lot of time, this can be a great option to make money work for you.

Way 2: real estate

When you invest your money in real estate, you buy land and buildings, for example a house, with the aim of making a return. Not only homes fall under real estate, you can also buy and rent business premises. There are strict rules for this, so you must know what you are getting into.

Investing in real estate is often a complicated process and often requires a high deposit. But, there are also possibilities that, for example, you can use the excess value of your house as collateral to take on a business property. There are risks involved here, however.

Way 3: crypto

Cryptocurrency: one minute a hit, the next you hear nothing more about it. But one thing is for sure: coins like Bitcoin, Ethereum, Dogecoin you have surely heard passed by. Some people have become rich with them, others have lost everything. But, we can't deny that investing in cryptocurrency is a popular way to do something with your money. You can easily do this through exchanges like Kraken or BitVavo. Investing in crypto often comes with high risks.

Way 4: crowdfunding

The idea of Crowdfunding is that people with a good (business) idea can raise an investment directly from private people. You can see this as investing in a business, but without the intervention of a third party. You have platforms like KickStarter, GoFundMe where you can choose from different projects. You can choose which project you have confidence in and then deposit a desired amount. In return, you may receive a fee, such as a percentage of the profit or an early-bird version of the product.

Way 5: asset management

Wealth management means having money managed by someone who specializes in it. Wealth managers invest assets with the goal of earning a return. This used to require a high deposit, but nowadays it doesn't have to be that way.

There are two different types of asset management: individual and collective. Individual asset management is customised. We look at your situation and make an investment plan on that basis. Individual portfolio management often requires a large investment (from €100,000).  

Carefree money working for later?

Do you want to build wealth for later, but prefer to hire an expert who knows exactly what to do?

Vive is an online individual wealth manager. We put your money to work with a customized personal investment plan and implement it for you. This way you build wealth while hardly having to do anything. Here you can read more about what we do, but you can also easily try the app.

Caution! Investing involves risk.